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Earnings Reportsin Financial Markets
Updated 6 hours ago

Mixed earnings results dominate the headlines, with Lowe's and Magic Software posting revenue misses but EPS beats, while Canada Goose surges on strong Q4 performance.

Honda CEO shares a bold take on the future of electric vehicles

TheStreetTuesday, May 20, 2025 at 11:33:00 PM
Honda CEO shares a bold take on the future of electric vehicles
** Honda's CEO just dropped some candid thoughts on the future of EVs—and it’s not all sunshine and charging stations. While the company is betting big on electric, they’re also seeing a worrying trend: consumers aren’t jumping on the EV bandwagon as quickly as expected. It’s a reality check for the industry’s rosy projections.
What This Means: ** This isn’t just about Honda—it’s a signal that the EV hype might be hitting some real-world speed bumps. If even major automakers are admitting adoption is slower than hoped, it could mean tougher roads ahead for the green transition, at least in the short term. Buckle up.
— Curated via WP Now’s AI editorial system

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Latest from Financial Markets
Andy Jassy makes the case for Amazon’s extraordinary AI spending, promising shareholders they will end up ‘very happy’
positiveFinancial Markets
Amazon CEO Andy Jassy used the company's annual shareholder meeting to double down on his massive AI investments, assuring investors that the spending spree will pay off in the long run. While the meeting itself was pretty routine, Jassy seized the moment to sell his vision—basically saying, "Trust me, this AI bet will make you very happy."
What This Mean: Big Tech is all-in on AI, and Amazon doesn’t want to get left behind. Jassy’s pitch to shareholders is a reminder that these companies are playing the long game—even if it means burning cash now for uncertain (but potentially huge) rewards later. For anyone tracking the AI arms race, this is another sign Amazon’s going all out.

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